FAC Explorer

Finding 508295 (2023-003)

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Requirement
L
Questioned Costs
-
Year
2023
Accepted
2024-11-19
Audit: 328842
Organization: St. Clare Apartments Housing Development Fund Company, Inc. 014-Ee140 (NY)
Auditor: Efpr Group Cpa’s PLLC

AI Summary

  • Core Issue: The Company missed the deadline to file the Data Collection form, which was due on September 30, 2024.
  • Impacted Requirements: Filing is required within 30 days of receiving auditor reports or nine months after the audit period ends, leading to non-compliance with Uniform Guidance.
  • Recommended Follow-Up: Ensure the Data Collection form is filed promptly after the audit is completed, and engage auditors early for future audits to avoid delays.

Finding Text

(2023-003) Data Collection Form Condition - The Company did not file the Data Collection form by the due date. Criteria - The Data Collection form is required to be submitted within the earlier of 30 days after receipt of the auditor’s reports or nine months after the end of the audit period. It was due on September 30, 2024. Effect - The Company is not in compliance with the Uniform Guidance. Cause - The Company did not file the Data Collection form by the required due date as the audit was still in progress. Statistical Sampling - The sample was not intended to be, and was not, a statistically valid sample. Questioned Costs - None identified. Recommendation - The Company should file the Data Collection form as soon as the audit is complete. Management’s Response - The Company will work to engage its auditors to perform the December 31, 2024 audit in March of 2025 and complete the data collection form to the Federal Clearinghouse by the required due date. The current year data collection form will be completed and filed upon completion of this audit.

Corrective Action Plan

Name of auditee: St. Clare Apartments Housing Development Fund Company, Inc. TIN: 16-1524084 Name of audit firm: EFPR Group, CPAs, PLLC Period covered by audit: January 1, 2023 - December 31, 2023 CAP prepared by: Kyle Lyskawa klyskawa@christopher-community.org Finding 2023-003 The Company will work to engage its auditors to perform the December 31, 2024 audit in March of 2025 and complete the data collection form to the Federal Clearinghouse by the required due date. The current year data collection form will be completed and filed upon completion of this audit.

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Other Findings in this Audit

Programs in Audit

ALN Program Name Expenditures
14.157 Supportive Housing for the Elderly $243,402